Retiring the National Debt

If Congress authorized the Treasury Department to issue 1 trillion dollars per month and simultaneously replace 1 trillion dollars in Federal Reserve Notes until the National Debt disappeared forever We could use the money to hire millions of men and women to help in repairing our roads, bridges, dams and levees.

We would be able to use the debt free money created by Congress to pay the workers $40,000 to $50,000 a year.We would enough left over to pay off all existing student loans and and home mortgages.

This plan would enable us to eliminate the need for the income tax, a d property taxes. We would have enough money to provide high school graduates with a $100,000 incentive to start their own business or fund their college education.